MobiHealth News November 17, 2021
Also: MedArrive scoops up $25 million for remote care, and maternal health-focused Marani Health closes a seed funding round.
Cala Health, maker of wearable neuromodulation therapy, scored $77 million in new funding led by Ascension Ventures. Dolby Family Ventures, PEAK6 Strategic Capital and Innovatus Capital Partners also participated in the funding round.
This news comes roughly two and a half years after the company closed its $55 million Series B round.
The company is working on technology to help ease tremors by delivering “individualized peripheral nerve stimulation.” The company is currently working on therapies for neurology, cardiology and psychiatry. In 2018, the company landed FDA clearance for its prescription neuromodulation therapy for tremor relief.
The infusion of cash is...
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